# High Net Worth Insurance Broker | Melbourne > High net worth insurance for prestige homes, fine art, jewellery, cars and yachts, arranged by a Melbourne private client broker. Request a confidential review. Source: https://wjinsurance.com.au/high-net-worth/ (en-AU) **High net worth insurance, quietly done well.** For Melbourne families with prestige homes, valuable collections, multiple vehicles and assets that move across borders, retail insurance falls short. We arrange consolidated private client programmes through specialist underwriters — discreetly, in English, Mandarin or Cantonese. ## One programme, everything you own. A private client programme consolidates the policies that families typically hold across several brokers and insurers — and replaces them with a single, broader contract underwritten by a specialist insurer who underwrites you, not a postcode. ### Prestige home insurance Private client home policies cover prestige residences, period homes and architecturally significant properties on broader wordings than standard retail insurance. Sums insured commonly range from $2 million to over $20 million, with an emphasis on accurate rebuild costs and the inclusion of features such as wine cellars, swimming pools, landscaped gardens and garaging. ### Fine art & collections Art, sculpture, watches, jewellery, wine, photographic equipment and other collections sit on a specified valuables schedule, typically on an all-risks basis worldwide. Valuations should be current and on file, and we maintain those relationships with auction houses, gemmologists and specialist valuers on your behalf. ### Prestige & classic vehicles Daily prestige vehicles, weekend cars, classic and historic vehicles, racing collections and modified specials are placed with insurers who understand them. Agreed value, choice of repairer, original-parts replacement and overseas use are all standard features of a properly placed prestige motor policy. ### Marine, yachts & aviation For clients with watercraft from tenders to ocean-going yachts, or aviation interests including private aircraft and helicopter shareholdings, we coordinate the specialist marine and aviation policies alongside the rest of the programme. ### Worldwide travel & personal liability A private client programme commonly includes annual worldwide travel cover for the family, kidnap and extortion cover where relevant, and excess personal liability of $5 million to $50 million sitting above your home, motor and watercraft policies. #### Confidential consultation A confidential meeting at our office, your home, or via video. We review your existing arrangements, identify gaps and overlaps, and present a consolidated programme. No obligation, no consultation fee. **0478 978 888** [info@wjinsurance.com.au](mailto:info@wjinsurance.com.au) If you choose to place cover through us, we may earn commission from the insurer as set out in our [Financial Services Guide](https://wjinsurance.com.au/WJ%20Insurance%20-%20FSG.pdf). ## The differences that actually matter. Beyond higher limits, the meaningful differences between a typical private client policy and a typical retail policy show up at claim time. Differences shown below are typical, not universal — wordings vary between insurers and individual policies, and the relevant Product Disclosure Statement should be read in full. ### Typical private client cover (Broader) - Total replacement on the home, with no fixed sum-insured cap - Worldwide all-risks cover on specified valuables - New for old replacement on contents, regardless of age - Agreed value on prestige and classic vehicles - Cash settlement option, including for art and jewellery - Excess personal liability of $5M to $50M+ - Worldwide travel cover for the family included - Cyber bullying, identity theft and extortion cover \*Subject to policy terms and conditions. ### Typical retail policy cover (Narrower) - Sum-insured cap, with under-insurance penalties - Named perils only, often Australia-only - Depreciation applied to older items - Market value on most vehicles, no agreed value - Repair-only on most claims - Personal liability typically capped at $20M - Travel cover sold separately as a retail product - No cyber, identity or extortion cover ## When wealth crosses borders. A meaningful share of our private clients are families with assets, businesses and family members across Australia, China, Hong Kong, Singapore and the United Kingdom. Coordinating insurance across jurisdictions calls for an understanding of where each policy responds, and where it does not. We work with specialist insurers who can issue policies covering Australian-resident clients with overseas assets, and who coordinate with foreign insurers where local cover is required. We can communicate with you and family members in English, Mandarin or Cantonese — every conversation, every document and every claim handled in the language you prefer. Where appropriate, we coordinate with your accountant, lawyer, family office or estate planner so that insurance arrangements align with the broader wealth structure rather than sitting separately to it. #### Discreet bilingual service Our brokers are fluent in English, Mandarin (普通话) and Cantonese (廣東話). Conversations are handled with the discretion the work requires. 无论沟通、文件还是理赔，全程双语服务，注重隐私与专业。 ## Private client insurance, in plain language. ### What counts as high net worth insurance? There is no single threshold, but private client (or HNW) insurance is generally appropriate when standard retail policies are no longer appropriate — for example, when the home rebuild cost exceeds $2 million, when contents include fine art or jewellery worth more than $250,000 in aggregate, or when there are multiple homes, vehicles or international assets to coordinate. The benefit of a private client policy is broader cover, higher limits, and an underwriter who underwrites the individual rather than slotting them into a tariff. ### Which insurers underwrite high net worth cover in Australia? We work with specialist private client insurers operating in the Australian and London markets, accessed both directly and through specialist underwriting agencies. Each has a different appetite for prestige construction, art collections and overseas property. We compare the available markets and explain the meaningful differences in cover before recommending one. Specific insurer names are confirmed at quotation. ### Do I need separate cover for fine art and jewellery? Standard home contents policies typically cap unspecified valuables and jewellery at $1,000 to $5,000 per item. For collections of any meaningful value, items should be specified individually or scheduled, with current valuations on file. A specified policy also broadens cover from named perils to all-risks, which matters for art and watches that travel with you. ### Can one policy cover multiple homes and vehicles? Yes. The hallmark of a private client programme is consolidation — a single policy covering primary residence, holiday home, prestige and classic vehicles, fine art, jewellery, watches, yachts and worldwide travel under one umbrella. This avoids gaps between policies and gives you a single point of contact at renewal and at claim time. ### How do I insure a property under construction or renovation? Major renovations and new builds need a contract works policy that names the homeowner, builder and any lender. Once the home is complete and the certificate of occupancy is issued, the property transitions onto a private client home policy. We coordinate that handover so there is no gap in cover between the building phase and occupation. ### Is your service confidential? Yes. Privacy and discretion are core to private client work. We limit disclosure of client information to what is necessary to place cover, manage claims and meet our legal obligations, in line with the Privacy Act 1988 and the Australian Privacy Principles. Our full Privacy Policy is published on our website. ## Related services. - [Home & Contents](https://wjinsurance.com.au/home-insurance/): Building, contents, landlord and strata insurance for homes that sit below the private client threshold. - [Business Insurance](https://wjinsurance.com.au/business-insurance/): Public liability, professional indemnity, commercial property and cyber for the businesses you own. - [Hospitality & Retail](https://wjinsurance.com.au/hospitality-insurance/): Cafés, restaurants, bars and shops — including liquor liability, glass and stock cover. ## Arrange a confidential review. Send us your current schedule of insurance, or call to arrange a confidential meeting. We will review what you hold, identify gaps, and present a consolidated programme — with no consultation fee and no obligation. If you are moving interstate or expanding beyond Victoria, we can arrange cover there too. If you choose to place cover through us, we may earn commission from the insurer as set out in our [Financial Services Guide](https://wjinsurance.com.au/WJ%20Insurance%20-%20FSG.pdf). ## Contact WJ Insurance Phone 0478 978 888 (+61 478 978 888), email info@wjinsurance.com.au. Suite 46, 949 Burke Road, Camberwell VIC 3124, Australia. Monday to Friday, 9:00am to 5:30pm Melbourne time. Service in English, Mandarin and Cantonese. ## Important information WJ Insurance Pty Ltd (ABN 35 694 806 632) is a Corporate Authorised Representative (AR No. 001319710) of [NeedCover Group Pty Ltd](https://needcovergroup.com.au/) (ABN 28 005 729 831, AFSL 239911), which is responsible for any financial services provided through, or referred to on, this website. Any information on this website is of a general nature only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information, you should consider its appropriateness having regard to your own objectives, financial situation and needs, and obtain and read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding whether to acquire, vary or dispose of a financial product.